FINANCIAL SERVICES

Sharpen Risk Assessment and Grow Revenue

USE REAL-TIME DATA AND INSIGHT TO GAIN OPERATIONAL EXCELLENCE

Subject to many strict government regulations and fighting serious financial crimes, the financial services industry has tapped into both real-time data integration and streaming analytics to reinvent their business operations and deliver better customer experience profitably. Striim enables banking and insurance companies to use up-to-date data across the business and automate smart decisions by discovering critical insights hidden in their high-velocity data while they are still actionable. With Striim, you can outsmart risks, ensure regulatory compliance including GDPR, and seize unique opportunities to improve customer experience, all fueling profitable revenue growth.

Detect and stop fraud, money laundering, other financial crimes in real time

Deliver a superior customer experience and offer the right products at the right time by analyzing multi-touch experience and proactively responding to real-time events

Customer Use Case

EUROPEAN RETAIL BANK

The leading retail bank in Europe uses Striim to detect and prevent ATM fraud and money laundering. The Striim platform analyzes ATM transaction data to monitor and alert “impossible distance” fraud by detecting transactions on multiple ATM devices within a short span of time. It also identifies potential money laundering cases by detecting when there is a maximum ATM withdrawal from one account and transfer the fund to another account, followed by maximum withdrawal from the latter account.